Allstate Self Storage located at 4110 E. Bell Road in Phoenix, AZ was sold for $6.7 million, or $88 PSF and $8,535 per storage unit, to U-Haul International. The property was constructed in 1999 and consists of about 68,250-square-feet and 785 storage units plus a 7,600 square foot, 2-tenant retail building. Occupancy at time of […]
Allstate Self Storage in Phoenix Sells for $6.7 Million Read More »
Bill Alter and Denise Nunez sold Active Discount Storage located at 7590 W. Olive Avenue in Peoria, Arizona. The sale closed on August 28, 2015 for $3,9 million ($5,571 per unit) which represents approximately $51 per square foot and a cap rate of about 5.8%. The property consists of about 76,500-square-feet and 700 units. Occupancy
Active Discount Storage in Peoria sells for $3.9 Million Read More »
Bill Alter and Denise Nunez of Rein & Grossoehme Commercial Real Estate recently closed on the sale of a two-property self-storage portfolio. The properties were located at 1735 W. Apache Trail and 1678 W. Superstition Blvd., both in Apache Junction, Arizona. The properties consisted of 94,000 net rentable square feet of space, which included 567
Self-Storage Portfolio in Apache Junction Sells for $2.45 Million Read More »